
Salary Transfer Loan (STL)
In UAE mortgages, loans are typically structured as either Salary Transfer (STL) or Non-Salary Transfer (NSTL).
Under Salary Transfer (STL), the borrower’s salary is credited directly into an account with the lending bank. This allows the bank to monitor income and repayments more closely, and as a result, STL loans generally come with more competitive rates or product terms
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